When you think of life sciences and biotech hubs in the U.S., where do you travel to in your mind? Boston? The Bay Area? Texas? Portal Innovations, a biotech VC firm based in Chicago, is trying to broaden everyone’s horizons and give opportunities to biotech startups growing out of labs in Chicago, Atlanta, and hopefully beyond.
“I founded Portal Innovations really to address emerging needs for life sciences companies, particularly in ecosystems, like Chicago, that don’t yet have the infrastructure and community to support a growing life sciences community emerging from our research institutions,” Portal’s CEO, John Flavin, explains.
Over the past ten years, universities such as Northwestern, the University of Chicago, and the University of Illinois, have prioritized recruiting innovative faculty into the life sciences ecosystem. Consequently, there is a wealth of investable ideas being ...